Corn Starting February with Weakness

Corn prices are down 1 to 2 cents in the nearby contracts on Monday morning. Futures closed the Friday session with contracts pulling off midday lows but still down 2 to 4 cents. March was down 2 ¼ cents last week. Preliminary open interest was down 3,824 contracts on Friday. The CmdtyView national average Cash Corn price was down 2 cents at $3.93 1/4. Outside markets played a role on Friday, with the dollar index up $0.893. Commitment of Traders data from CFTC showed managed money speculators in corn fu ...